Lilac Grove, Wishaw, ML2

Street Guide For Lilac Grove, Wishaw, ML2

 
 

Lilac Grove, Wishaw, ML2 Map

Estimated Price: £152,153
Average Asking Price: £99,318
Price change in last one year: £5,334
Average Price Paid: £116,391
Average Rent Rates: £453

Scottish Property Centre
387 Main St, Wishaw, North Lanarkshire ML2 7NG, UK

Free House valuation

 

Property Prices Breakdown in Lilac Grove, Wishaw, ML2

Average Price for property in Lilac Grove, Wishaw, ML2 is around £152,153 which varies based on type of property you are interested in and ranges from £127,885 for detached house to around £146,581 for semi-detached. Values have been changing and have risen £1,683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,441 in last 6 months, £5,334 in last 1 year, £14,476 in last 2 years, £11,047 in last 3 years, £5,681 in last 4 years and £11,700 in last 5 years.

Currently average asking price of a property in Lilac Grove, Wishaw, ML2 is around £99,318 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £453 per month.

Estimated property value in Lilac Grove, Wishaw, ML2 is £152,153. Average asking price is £99,318 while average price paid is £109,000 which is up by £5,334 and Avg. asking rent £453.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lilac Grove, Wishaw, ML2 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 1 sales in Lilac Grove, Wishaw, ML2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £111,599. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £116,391 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £118,229 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £72,180, £103,166 for a 3 bedroom house, £205,405 for a 4 bedroom house and £272,367 for a 5 bedroom house. For a flat similarly the prices varies from £51,635 for a single bedroom to £68,165 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £49,000 and £90,000 for a 4 bedroom flat. To sum up the asking prices for properties in Lilac Grove, Wishaw, ML2 it comes to around average £51,635 for 1 bedroom property, £70,216 for 2 bedroom, £98,999 for 3 bedroom, £195,788 for 4 bedroom and £272,367 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £399 for 1 bedroom to £465 for 2 bedrooms, £529 for 3 bedrooms, £997 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £343. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420 and £451 for 3 bedroom. You should be generally be expecting around average £348 rent per month for single bedroom property, £428 for 2 bedroom, £511 for 3 bedroom, £997 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Lilac Grove, Wishaw, ML2 area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Lilac Grove, Wishaw, ML2